Did you know you could claim up to £2,000 off your Class 1 NICs?

By Matthew Thompson | 15th April 2014 | 6 min read

Did you know that on 6th April this year the government introduced the Employment Allowance, meaning that you could potentially reduce your employer Class 1 NICs by up to £2,000 each financial year?

You are eligible to claim the Employment Allowance if you are a business or charity paying employer Class 1 NICs on your employees’ or directors’ earning. You can only claim the £2,000 allowance again one PAYE scheme if your business runs multiple schemes.

The following payroll software has been updated to enable you to claim your Employment Allowance:

To find out more about how to claim your Employment Allowance and information about excluded employers, visit the HMRC Employment Allowance page.

Don't miss out on saving £2,000 by not having the right software in place! Visit the IRIS Payroll Solutions page today to see which piece of IRIS payroll software is best for your business.

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